Boeing Hires 9/11 Compensation Fund Lawyer To Handle 737 Max Claims

Boeing (BA) said it appointed victim-compensation attorney Kenneth Feinberg to distribute $50 million to families who lost relatives in two crashes involving its 737 MAX planes.

Feinberg's Washington-based firm has overseen distribution to victims of several major events, such as the terrorist attacks on September 11, 2001, and the BP Deepwater Horizon oil spill.

Boeing said today that it has dedicated $50 million of a $100 million fund to provide near-term financial assistance to families of the victims of the Lion Air Flight 610 and Ethiopian Flight 302 accidents.

Some family members had criticized Boeing's initial commitment to distribute funds.

Apple Inc. is taking necessary precautions including Covid-19 testing for those employees returning to work at its headquarters in Silicon Valley, Bloomberg reported citing people familiar with the process. The company, which opened its main Apple Park office in May bringing back some hardware and software engineers, plans the gradual reopening of the building keeping the coronavirus safeguards.

A U.S. appeals court has blocked the sales of Bayer AG's dicamba-based Xtendimax in the United States. The three-judge panel in the U.S. Court of Appeals for the Ninth Circuit ruled that the US Environmental Protection Agency (EPA) overstated the protections and substantially understated or ignored the risks related to the use of dicamba-based herbicides.

Tesla Chief Executive Officer Elon Musk has called for a breakup of Amazon after the online retail giant refused to publish an upcoming book about COVID-19. Writer Alex Berenson said on Twitter that Amazon refused to publish his booklet about the coronavirus as it did not comply with the company's guidelines. Berenson is a former New York Times reporter.